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Polaris Holding Company Ltd, parent company to Stevedoring Services Limited and East End Asphalt Company Limited, has reported a gain of $726,000 for the six months ended September 30. The company said that the result was a welcome turnaround from fi...

CG Insurance has launched a corporate social responsibility programme to provide a framework for the organisation’s philanthropic activities while also providing staff opportunities to volunteer in the community. Through newly created CG Community, t...

In November 2007 and 2008, Moneywise wrote articles about gratitude and thanks to provide (in some small way) some positive thought-coping mechanisms for islanders experiencing Bermuda’s economic pain, caused then by a global market crash. Then a...

It’s the most wonderful time of the year – for buying gifts. And while you’re at it, you might as well buy something for yourself, right? We’ve all been there. Remember in Friends when Monica bought those super expensive leather boots on impulse? She...

The RG/BSX Index closed unchanged at the end of the trading day at 2,666.40. Two issues traded – 200 shares of Bermuda Press Holdings, which closed unchanged on $4.25; and 3,200 shares of BF&M, which closed unchanged on $22.50. For the week, the inde...

AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of island-based Orion Reinsurance (Bermuda) Ltd. The outlook of these credit ratings is stable. The agency said that the ratings r...

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Denver-headquartered Oceanview Life and Annuity Company and its reins...

A successful business owner in today’s environment knows all too well that sometimes a pivot is required to move their enterprise forward. So it is at FryDays Market in Hamilton’s Bermudiana Arcade, which has been transformed by owners Mstira Weeks a...

Bermuda will hold a climate-risk finance conference early in the new year, hosting 90 of the world’s thought leaders in the field. This was by revealed by Bermuda Business Development Agency chief executive officer David Hart, who has pencilled in t...

Bidzina Ivanishvili, the billionaire and former prime minister of Georgia, gifted $1 million to rogue Credit Suisse banker Patrice Lescaudron — a man who defrauded his clients for a decade and later was imprisoned for his crimes. The disclosure was m...